India's Anupam Rasayan jumps on plans to set up new plants in Gujarat

Anupam Rasayan India

22/03/2023 08:21

** Shares of Anupam Rasayan  ANUY.NS  rise as much as 6.44%
to 859.40, highest since May 13, 2022
    ** Stock is most active in a year 
    ** Trading volume is 2.01 mln shares as of 1:36 p.m. IST,
nearly eight times the 30-day avg of 268,485 shares, according
to Refinitiv data
    ** ANUY plans to set up three new plants in Gujarat with a
capex of 6.70 bln rupees near Bharuch and Surat, according to a
report citing the management     
    ** All seven analysts tracking ANUY maintain "buy" rating;
median TP is 872 rupees - Refinitiv data




 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))